Mistras Historical Income Statement

MG Stock  USD 9.45  0.21  2.27%   
Historical analysis of Mistras income statement accounts such as Total Revenue of 587.8 M, Gross Profit of 166.8 M or Other Operating Expenses of 561.7 M can show how well Mistras Group performed in making a profits. Evaluating Mistras income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mistras's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Mistras Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mistras Group is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About Mistras Income Statement Analysis

Mistras Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mistras shareholders. The income statement also shows Mistras investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Mistras Income Statement Chart

Mistras Group Income Statement is one of the three primary financial statements used for reporting Mistras's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mistras Group revenue and expense. Mistras Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Mistras' Research Development is most likely to increase significantly in the upcoming years.

Total Revenue

Total revenue comprises all receipts Mistras Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mistras Group minus its cost of goods sold. It is profit before Mistras operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mistras Group. It is also known as Mistras overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Mistras' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mistras Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Mistras' Research Development is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense10.9M10.5M16.8M17.6M
Depreciation And Amortization15.1M9.7M39.3M41.2M

Mistras income statement Correlations

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-0.13-0.55-0.27-0.1-0.18-0.130.660.74-0.140.4-0.07-0.281.00.980.93-0.510.10.98-0.890.210.880.55-0.58-0.16
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-0.02-0.030.180.120.060.14-0.32-0.410.23-0.240.140.2-0.48-0.44-0.51-0.37-0.08-0.440.660.17-0.360.07-0.020.41
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-0.33-0.74-0.58-0.4-0.47-0.430.710.74-0.220.27-0.37-0.580.910.890.880.96-0.360.290.91-0.720.340.71-0.7-0.02
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Click cells to compare fundamentals

Mistras Account Relationship Matchups

Mistras income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization17.6M13.5M15.1M9.7M39.3M41.2M
Interest Expense13.7M13.0M10.9M10.5M16.8M17.6M
Selling General Administrative169.5M156.9M161.3M166.6M166.7M121.2M
Total Revenue748.6M592.6M677.1M687.4M705.5M587.8M
Gross Profit217.3M178.5M197.1M198.2M193.7M166.8M
Other Operating Expenses723.6M587.4M655.8M668.5M678.9M561.7M
Operating Income24.1M5.2M18.2M19.8M26.5M18.0M
Ebit24.1M5.2M18.2M19.8M26.5M18.8M
Research Development3.0M2.9M2.5M2.0M1.7M2.6M
Ebitda41.7M18.7M33.3M29.5M65.8M42.4M
Cost Of Revenue531.3M414.0M480.0M489.2M511.8M421.0M
Total Operating Expenses192.3M173.3M175.8M179.3M167.2M142.4M
Income Before Tax10.4M(114.2M)7.3M9.3M(18.7M)(17.7M)
Total Other Income Expense Net(13.7M)(119.4M)(10.9M)(10.5M)(45.2M)(42.9M)
Net Income Applicable To Common Shares6.1M(99.5M)3.9M6.5M5.8M3.7M
Net Income6.1M(99.5M)3.9M6.5M(17.5M)(16.6M)
Income Tax Expense4.4M(14.7M)3.4M2.7M(1.2M)(1.2M)
Minority Interest20K198K33K(75K)(8K)(7.6K)
Net Income From Continuing Ops6.1M(99.5M)3.9M6.6M(17.4M)(16.6M)
Non Recurring3.9M106.4M3.2M(876K)(1.0M)(957.0K)
Tax Provision4.4M(14.7M)3.4M2.7M(1.2M)(1.2M)
Net Interest Income(13.7M)(13.0M)(10.9M)(10.5M)(16.8M)(15.9M)
Interest Income13.7M13.0M10.9M10.5M12.1M9.2M
Reconciled Depreciation38.5M35.7M34.9M10.7M34.1M25.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mistras in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mistras' short interest history, or implied volatility extrapolated from Mistras options trading.

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When determining whether Mistras Group is a strong investment it is important to analyze Mistras' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mistras' future performance. For an informed investment choice regarding Mistras Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mistras Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Mistras Group information on this page should be used as a complementary analysis to other Mistras' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Mistras' price analysis, check to measure Mistras' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mistras is operating at the current time. Most of Mistras' value examination focuses on studying past and present price action to predict the probability of Mistras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mistras' price. Additionally, you may evaluate how the addition of Mistras to your portfolios can decrease your overall portfolio volatility.
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Is Mistras' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mistras. If investors know Mistras will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
(0.58)
Revenue Per Share
23.673
Quarterly Revenue Growth
0.098
Return On Assets
0.0374
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mistras' market value can be influenced by many factors that don't directly affect Mistras' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.